FEBRUARY 20 2017

Welcome to Exchange Invest Issue 936 which correlates with the fabulous 2.1 litre turbo group 6 spyder which won Le Mans in various guises, deploying a spaceframe based upon the legendary 917.

In Today’s Exchange Invest

BM&F results, Germans patriotically attack British patriotism. British politicians to debate deal while NMCE-ICEX merger is rumoured. Lots of product news as Trinidad and Tobago SE unleashes new system.

And there’s more, happy scrolling:

In BigWorld

Despite my broad antipathy towards chasing inflated pigs bladders round fields, I must applaud the singular achievement of Lincoln City, a UK non-league side who have just made the quarter finals of the storied English FA Cup. Even the New York Times interrupted their ongoing blanket anti-Trumpdom to discuss this footballing phenomenon. Leaving aside the NYT having a brief (but welcome) outbreak of objectivity (AKA Burnley’s melt down was perhaps the first thing they have not blamed on President Trump for weeks) this is a historic event. The last time a non-league team reached the last 8 of the FA cup was 1914 when Queen’s Park Rangers (subsequently part owned by John Barker of this parish) managed the feat. Clearly 1914 was some time ago under any timeline. For those trying to benchmark it in football terms, I am unreliably informed it was just weeks before Arsene Wenger took over from George Graham as manager of Arsenal.

Public Markets

4Q16 Results
2016 Results
BM&FBOVESPA

Germans Attack Exchange Chiefs Over HQ Move
The Times (subscription)

PLY: Bowing to political pressure in Britain is unfair say Germans trying to force to DB1 comply with political pressure.

Finally, MPs Probe German Takeover Of The London Stock Exchange …Critics Say Is Against UK’s …
This is Money

PLY: Is this finally, or just ramping up the pressure to ensure UK gov kill the deal presuming EU antitrust, Hesse regulators et al sidestep the opportunity?

PLY: Strikes me a headline to support the Times’ tiresome europhilia has been plucked from the Treasury Select Chairman’s balaanced summary of pros and cons?

DB1 LSE Gets Norwegian Approval
London South East (registration) (blog)

City Broking Giant TP ICAP Mulls Changes To £85M Share Plan
Sky News
… of the voice-broking business of ICAP, the company run by former Conservative Party treasurer Michael Spencer and now renamed NEX Group.

Sebi Likely To Allow Mutual Funds To Trade In Commodities Soon
Economic Times

Bitcoin Fork Soon? Bitcoin Unlimited Surges Past Segwit, Core Blocks Drop Below 75%
CoinTelegraph
PLY: Worrying times for Bitcoin per se as costs seem to be escalating to the point where the currency is more costly than even credit card fees.

You Can Now Trade In Gold, ETF Launched On Nairobi Bourse
The Standard (press release)

Career Paths

Who Is Sarah Al Suhaimi, The First Woman To Lead Saudi Stock Exchange ?
Al-Arabiya